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Acemoglu, Daron; Akcigit, Ufuk; Kerr, William R. - 2016

Technological progress builds upon itself, with the expansion of invention in one domain propelling future work in linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its strength. Past innovation network structures are...

Persistent link: https://www.econbiz.de/10011557905

Global collaborative patents

Pekkala Kerr, Sari; Kerr, William R. - 2016

We study the prevalence and traits of global collaborative patents for U.S. public companies, where the inventor team is located both within and outside of the United States. Collaborative patents are frequently observed when a corporation is entering into a new foreign region for innovative...

Persistent link: https://www.econbiz.de/10011561206

Mind the knowledge gap! : the origins of declining business dynamism in a macro agent-based model

Delli Gatti, Domenico; Terranova, Roberta; Turco, Enrico - 2023

In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...

Persistent link: https://www.econbiz.de/10014383652

Global talent flows

Pekkala Kerr, Sari; Kerr, William R.; Özden, Çağlar; … - 2016

The global distribution of talent is highly skewed and the resources available to countries to develop and utilize their best and brightest vary substantially. The migration of skilled workers across countries tilts the deck even further. Using newly available data, we first review the landscape...

Persistent link: https://www.econbiz.de/10011566486

Efficient level of SEPs licensing

Langus, Gregor; Lipatov, Vilen - 2022

. First, the SEP holder and the social planner tend to choose the licensing level that, other things being equal, minimizes … planner. These two factors make it likely that the SEP holder chooses the efficient level of SET licensing. …

Persistent link: https://www.econbiz.de/10012817846

How antitrust enforcement can spur innovation : bell labs and the 1956 consent decree

Watzinger, Martin; Fackler, Thomas; Nagler, Markus; … - 2017

harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an … to license all its existing patents royalty-free. The compulsory licensing increased follow-on innovation building on … telecommunications equipment industry, suggesting that compulsory licensing without structural remedies is ineffective in ending market …

Persistent link: https://www.econbiz.de/10011610914

Lifting the iron curtain : school-age education and entrepreneurial intentions

Falck, Oliver; Gold, Robert; Heblich, Stephan - 2015

We exploit Germany’s reunification to identify how school-age education affects entrepreneurial intentions. We look at university students in reunified Germany who were born before the Iron Curtain fell. During school age, all students in the West German control group received formal and...

Persistent link: https://www.econbiz.de/10011346315

The impact of COVID-19 on small business owners: the first three months after social-distancing restrictions

Fairlie, Robert W. - 2020

Social distancing restrictions and health- and economic-driven demand shifts from COVID-19 are expected to shutter many small businesses and entrepreneurial ventures, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the...

Persistent link: https://www.econbiz.de/10012291885

Age-specific entrepreneurship and PAYG public pensions in Germany

Heer, Burkhard; Trede, Mark - 2020

We present new empirical evidence on the distribution of earnings, income and wealth among entrepreneurs in Germany. We document that both earnings and income are more concentrated among entrepreneurs than among workers and describe a large-scale overlapping-generations model that can replicate...

Persistent link: https://www.econbiz.de/10012249285

Opportunity versus necessity entrepreneurship : two components of business creation

Fairlie, Robert W.; Fossen, Frank M. - 2018

A common finding in the entrepreneurship literature is that business creation increases in recessions. This counter …-cyclical pattern is examined by separating business creation into two components: "opportunity" and "necessity" entrepreneurship … entrepreneurship, there are many challenges to creating a definition that is both objective and empirically feasible. We propose an …

Persistent link: https://www.econbiz.de/10011789099